Carte Capital and Time John Hicks

Capital and Time

A Neo-Austrian Theory

Autor: John Hicks
Limbă: engleză
Legare: Carte broșată
Disponibilitate: În depozitul extern
Expediem în 10-18 zile
325.58 lei
This book, first published in 1973, takes up an important approach to capital which had gone out of...

Informații despre carte

Autor
Limbă
engleză
Legare
Carte - Carte broșată
Publicat
1987
Pagini
228
EAN
9780198772866
ISBN
0198772866
Enbook ID
04528690
Greutate
297
Dimensiuni
138 x 217 x 16

Descriere completă

This book, first published in 1973, takes up an important approach to capital which had gone out of fashion. It is being reissued in paperback in recognition of the recent renewed interest in this approach. The 'Austrian' theory of capital concentrates on the inputs and outputs in the productive process, and has an advantage over more modern theories of economic dynamics in that it is more naturally expressible in economic terms: the production process over time is taken as a whole, rather than disintegrated. However, this approach had been largely abandoned because it seemed to be unable to deal with fixed capital. Sir John overcomes this problem here by allowing for a sequence of outputs, and the consequences for dynamic economics are profound and novel.

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